To stop foreclosure, you often need to contact a firm who specializes in foreclosures, such as www.SaveMeFromForeclosure.com
The problem is that because foreclosures are increasing all across America, plenty of scams and thiefs have begun to litter the landscape.
Watch out for common foreclosure scams. South Florida's Sun-Sentinel had a good article on common scams, and what can happen to homeowners who don't work with a reputable, reliable company such as www.SaveMeFromForeclosure.com.
Friday, January 26, 2007
Stop foreclosure Minnesota: dial 311
If you need to stop foreclosure in Minnesota, now you can tap into a state funded program by dialing 311.
To read the entire article, please click here.
To read the entire article, please click here.
Lawyers fees add up quickly when facing foreclosure
Homeowners facing foreclosure often see their loan balance rise dramatically, due to late payments added onto their loans balance, plus late fees and penalties. However once the loan is referred to an attorney's office for formal foreclosure proceedings, the attorney's really know how make their fees add up!
Read this story from a homeowners in MA, who saw her fees increase simply because of the time that it took for her to get an accurate reinstatement figure.
Read this story from a homeowners in MA, who saw her fees increase simply because of the time that it took for her to get an accurate reinstatement figure.
Tuesday, January 16, 2007
Foreclosure filings reach record high in North Carolina
Foreclosure filings are increasing throughout North Carolina, especially in Mecklenburg County. The Charlotte Observer did a great article about the recent increases.
Who's to blame for foreclosures?
While it seemed during the hot housing market of the past few years, almost anyone with a pulse and job could qualify for a mortgage.
Now Federal Reserve Governor Susan Bies said on Thursday looser underwriting standards were partly responsible for recent rises in late mortgage payments and that lenders should tighten risk management practices. The full article can be read here.
Make sure that you're comfortable with you proposed payment before you buy a home. Otherwise, you might just be getting in over your head.
Now Federal Reserve Governor Susan Bies said on Thursday looser underwriting standards were partly responsible for recent rises in late mortgage payments and that lenders should tighten risk management practices. The full article can be read here.
Make sure that you're comfortable with you proposed payment before you buy a home. Otherwise, you might just be getting in over your head.
Colorado leading the way with Foreclosure legislation
In his ongoing effort to curb mortgage and foreclosure fraud, Colorado Attorney General Suthers announced today a key legislative proposal that will target appraisal fraud and mortgage brokers who engage in deceptive trade practices.
To find out what exactly is being proposed, please click here to read the full article.
To find out what exactly is being proposed, please click here to read the full article.
Pulse on America to feature SaveMeFromForeclosure.com
PTG Studios announced the selection of SaveMeFromForeclosure.com for its innovative, educational television series, Pulse on America. The company will be featured in a segment on "Avoiding Home Foreclosure" as part of a series on Family Finance.
To read the entire press release, please click here.
To read the entire press release, please click here.
Monday, January 15, 2007
Foreclosure Options, act fast!
A good article from the Hartford Courant, offering some good advice and options available when trying to stop foreclosure on your home.
Wednesday, January 10, 2007
Report Reveals 2.2 Million Borrowers Face Foreclosure on Subprime Home Loans
A shocking new report, issued by The Center for Responsible Lending, a nonprofit, nonpartisan research and policy organization dedicated to protecting homeownership and family wealth by working to eliminate abusive financial practices, has been issued, and the results are ugly.
They estimate that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures in the subprime mortgage market. To read the full article, please click here.
If you have a subprime loan and are curious as to how much more you're paying than your neighbor with good credit, please visit us at www.SaveMeFromForeclosure.com and you can learn more about how to improve your credit score.
They estimate that 2.2 million American households will lose their homes and as much as $164 billion due to foreclosures in the subprime mortgage market. To read the full article, please click here.
If you have a subprime loan and are curious as to how much more you're paying than your neighbor with good credit, please visit us at www.SaveMeFromForeclosure.com and you can learn more about how to improve your credit score.
High cost Mortgages increase risk of foreclosure
Many homeowners, due to poor credit rating and past credit mishaps, are forced into high cost mortgages, commonly known as "subprime" loans.
These loans come with much higher than market interest rates, and make home ownership much more expensive. The Washington Post recently ran a great article on how this high cost mortgages have a much greater chance of ending in foreclosure.
Do you know how much your (poor) credit rating is costing you? Bad credit means swimming upstream financially for the rest of your life. Learn how www.SaveMeFromForeclosure.com can help you improve your credit score, starting today!
These loans come with much higher than market interest rates, and make home ownership much more expensive. The Washington Post recently ran a great article on how this high cost mortgages have a much greater chance of ending in foreclosure.
Do you know how much your (poor) credit rating is costing you? Bad credit means swimming upstream financially for the rest of your life. Learn how www.SaveMeFromForeclosure.com can help you improve your credit score, starting today!
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